This section concerns money, money, money.
See the new page entitled Wealth here. It explores the concept of how being rich affects the individual and society in general.
This page covers such intertwined topics as:
- Function of money in today’s world
- Money as an end goal
- Hoarding and miserliness
- Loans, hire purchase and usury
First is a short video that outlines essentially how banks came to be in the crisis that we are embroiled in today. It details how what is essentially money laundering takes place in virtually every bank:
Here is a longer video entitled "Overdose: The Next Financial Crisis" that covers the mess we are in from a different angle. Please note that I do not condone some current trends that refer to a "New World Order" in videos and articles anywhere on this site or elsewhere, but if one excludes such potentially unreliable information by sticking to the topic, there is often something to be gained by understanding what is going on:
Next is an important series of videos called "The Ascent Of Money", originally aired in the UK, but now available on PBS in the US. If you have four hours or so, and want to find out why we are so reliant on money, and understand the organizations that keep us so dependent, this is a great place to start. It does contain a few small inaccuracies, but is generally on the ball. Bear in mind that the US Federal Reserve Bank is effectively privately owned, and the other banks are its shareholders. Here is an article entitled "Who Owns The Federal Reserve?". Another article called "Is the Federal Reserve a privately owned corporation?" that explains from an in-house banking viewpoint.
Further down there are videos on how "The Other Half" lives, and what they do with your hard-earned money.
There is also a clip from President Eisenhower's Final Speech, warning of the power of the "Military Industrial Complex", or what we might term today Corporate Power.
Finally, there is a video by Prof. Bartlett on "The Exponential Function", which relates to how many things increase over time - not just interest on money. Well worth a look, as it explains how crazy many economists really are, and warns how we need to monitor and tailor our "growth" in many different areas other than in the financial world.
The Ascent of Money:
Part 1: From Bullion To Bubbles:
Part 2: Bonds Of War:
Part 3: Risky Business:
Part 4: Planet Finance:
President Eisenhower Final Speech - Warning of The "Military Industrial Complex" or what we might term today Corporate Power:
Want to know what "they" are doing with your money? A major reason for huge inequalities is the very uneven distribution of money (and ethics):
This documentary focuses on the growing “wealth gap” in America, by filmmaker Jamie Johnson, a 27-year-old heir to the Johnson & Johnson pharmaceutical fortune. Johnson sets his sights on exploring the political, moral and emotional rationale that enables a tiny percentage of Americans – the one percent – to control nearly half the wealth of the entire United States. This 80 minute video includes interviews with Nicole Buffett, Bill Gates Sr., Adnan Khashoggi, Milton Friedman, Robert Reich, Ralph Nader and others.
The following video makes a lot of sense. It could have gone in a number of locations on this website, but money and calculation seemed to fit best, though using the holistic approach shows that what he says applies in many other areas.
Prof. Bartlett talks about "The Exponential Function", which relates to the rate at which many things increase over time - and not just interest on money. For example, we might say that the population in a certain town increases by only 7% a year, which isn't much is it? However, what that really means, is that it doubles in just 10 years!
He goes on to show how understanding this function is extremely important in many fields of human endeavor. Well worth watching, even if, like me, you are not good at maths!
YouTube - The Greatest Shortcoming of the Human Race is our Inability to Understand the Exponential Function